Headline RoundupApril 1st, 2021

Perspectives: Biden’s Infrastructure Plan

Domestic Policy, Taxes, Joe Biden, American Jobs Plan, Economy And Jobs, Corporate Taxes, Economic Policy, Climate Change, Deficit, Infrastructure, General News

Summary from the AllSides News Team

President Joe Biden unveiled his new $2.2 trillion infrastructure plan, titled the “American Jobs Plan,” in a Wednesday speech in Pittsburgh, Pennsylvania. The proposal would provide hundreds of billions of dollars to several projects over the next eight years, funded by corporate tax hikes estimated to cover the bill’s cost in 15 years and provide additional funding afterward. The plan comes off the back of a recently-passed $1.9 trillion COVID-19 relief bill and is expected to be followed up with an “American Family Plan” funded by taxes on wealthy individuals. Voices in right-rated outlets tended to criticize the bill’s tax hikes as economically harmful and its spending as unnecessary and overly broad. Voices in left-rated outlets tended to praise the bill’s focus on long-overlooked infrastructure priorities and contrast Biden’s infrastructure push with former President Donald Trump’s legacy.

Featured Coverage of this Story

From the Center

Ready or not, here comes Biden's infrastructure push

Bruce Yandle

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Washington Examiner

Opinion

Speaking just outside Pittsburgh on the heels of a $1.9 trillion stimulus package, President Joe Biden announced the first of a two-part, multitrillion-dollar push to revitalize America’s infrastructure. One can’t help but wonder if there is any limit to what might be included and how the whole shebang will be funded.

Part one, the “America Jobs Plan,” pegged at $2 trillion, is financed with a “Made in America Tax Plan.” It focuses on what may be called physical capital — roads, bridges, transportation systems, power generation, clean energy, advanced auto...

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From the Left

Does Biden's $2 trillion plan to rebuild infrastructure and stop climate change go far enough?

Robert Reich

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The Hill

Opinion

If implemented, President Joe Biden's New American Jobs Plan would rank not only as one of the biggest engines for creating good jobs (many of them in construction, which average about $30 an hour) but also as the nation’s most ambitious effort so far to curb greenhouse gas emissions — and put the country on a path to net-zero carbon emissions by 2050.

The plan covers a lot of ground, including $174 billion to boost electric vehicles and shift consumers away from gas-powered cars — funding half a million charging...

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From the Right

Biden Defines Infrastructure Down

Wall Street Journal (Opinion)

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Wall Street Journal (Opinion)

Opinion

Sens. Elizabeth Warren and Bernie Sanders lost the Democratic presidential nomination, but you wouldn’t know from President Biden’s first two months in office. First came $1.9 trillion in social spending under the cover of Covid-19, and now comes $2.3 trillion more for climate and political spending dressed as “infrastructure.”

Most Americans think of infrastructure as roads, highways, bridges and other traditional public works. That’s why it polls well, and every President has supported more of it.

Yet this accounts for a mere $115 billion of Mr. Biden’s proposal. There’s another...

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